All of them recently had reductions of tariffs (by ex. the hard wheat under 17% in the 2006 to 0% in July of the 2007) . It is certain that the tariff reductions did not turn out to be all the effective ones that were expected. Also it is certain, as Campodnico marks, that in Peru does not exist political sectorial suitable from the ministry of Agriculture (there is a law, the 28,812/06 that grants incentives to the yellow maize producers it last, but hopes to be regulated) that they could alleviate the inflationary pressures. Perhaps in this aspect it must deepen the government of Alan Garci’a to attenuate the inflationary pressures and to be less vulnerable to the swings of the international prices of the agricultural commodities. And from the hand of the increase of the rate of inflation, has been coming appreciating the Peruvian currency This situation, was unthinkable for years back, at least in Latin America, since the circuit went from the devaluation of the currency to the rate of inflation and a new devaluation Then inflation and nominal devaluation of the type of change went of the hand. But with the monetary policy of inflation goals that require clear rules and a strict fulfillment cuasi a data of greater inflation immediately generates the expectation of increase of interest rates and is for that reason that we see the immediate appreciation of the currency. In relation to the evolution of the type of change, what everybody would take like the very good news the fact that Fitch Ratings lifted the qualification of the Peruvian debt to BBB- from BB+ yesterday, locating it in this way in so wished Investment Clay, represents a new preoccupation for the Peruvian government since can increase the volume of originating capitals of the outside which is going to press still more to the local currency making him lose more competitiveness.